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ABS announces a 0.6% increase in the September quarter's CPI

There has been a 0.6 per cent increase in the Consumer Price Index (CPI) in the September quarter of 2003, the Australian Bureau of Statistics (ABS) said today. The bureau also said that the CPI had increased 2.6% for the year to September. The highest ...

Morning Market Wrap: Dollar breaks $US0.7000

The Australian dollar opened stronger today, bursting through the $US0.7000 for the first time since November 1997, driven by a weaker US dollar and talk of a free trade agreement between Australia and China. At 0700 AEST the Australian dollar was trading ...

Midday Market Wrap: Dollar weaker; market slow

The Australian dollar was weaker to noon pulled sharply off its early highs as the US Treasury Secretary's comments supporting a strong US dollar and suggesting US interest rates should rise streamed through the market. Bond market prices, which opened ...

Consumer sentiment rises to nine-year high: Westpac

AAP | WEDNESDAY, 15 OCT 2003

Consumer sentiment rose to a nine-year high in October with Australian households more confident about the economic outlook, a survey has found. The Westpac/Melbourne Institute Index of Consumer Sentiment rose by 1.5 per cent in October to 117.8, the ...

Shares expected to post solid returns in the coming year: Oliver

Shares are expected to post solid returns over the next six to 12 months on the back of low interest rates and a positive outlook for the economy (which should boost profits). In his review of financial markets for September, Dr Shane Oliver, chief ...

AMP details $1.2 billion rights issue as part of demerger

AAP | FRIDAY, 10 OCT 2003

Troubled financial services group AMP Ltd is to undertake a $1.2 billion rights offer to redeem its reset preferred securities as part of its planned demerger. AMP also said it is injecting a further net $84 million into its United Kingdom operations. ...

Morning Market Wrap: International markets gain; Dollar weaker

The Australian share market is likely to move higher following gains in international markets overnight. By 0738 AEST on the Sydney Futures Exchange the December share price index contract, a key indicator of trading for the day ahead, was six points ...

Morning Market Wrap:End of winning streak; dollar sets fresh high

The Australian share market is likely to lose ground today, ending a winning streak that began at the start of October, after falls in international markets overnight. But shares in producers of base metals - nickel in particular - are once again likely ...

Morning Market Wrap: Dollar hits six year high

The Australian dollar charged above $US0.6900 overnight to hit its highest level in nearly six years as the United States dollar crumbled across the board. The local unit hit $US0.6920 in New York - its highest level since January of 1998. At 0700 the ...

Morning Market Wrap: US stocks surge; AU$ weaker

In NEW YORK, Stocks surged on Friday, racking up a third straight day of gains, after a report showing US employers added jobs for the first time in eight months boosted investors' expectations for an economic rebound. The rally helped major market ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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